Q-TSL Exits

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This Ninjatrader tool uses our Q-TSL Indicator to automatically execute trailing stoplosses for your specified account.

Q-TSL Exits in Action

How it works

  1. Whilst you don’t have a position the indicator will plot two parallel lines indicating the suggested initial stoplosses levels along with the position size to be traded.
  2. There are two buttons at the top of the chart. When you select these buttons, the indicator will activate.
  3. When the tool is activated and should the TSL be breached, the tool will exit your position.
  4. The Tool will only plot the TSL line and potential profit and loss when your account has a position.
Q-TSL

TSL Plotted – Once your account has a position, the TSL starts plotting.

Trailing Stoploss Level – This level will follow the market down / up with your trade and exit your position if breached.

Potential Profit / Loss – The potential PNL is updated and shown here. This is not the current PNL but the PNL that will be realized if the trade is exited by the TSL.

Q-TSL

In the image above, both buttons for Longs and Shorts are selected and will be managed.

A user manual is included in this download, to explain all the features of this product and how to use is.

To learn more about our Q-TSL Indicator works, please click the button below.

Q-TSL Exits

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